An individual retirement account owner aged 70 ½ or more may be able to withdraw money from the account tax-free and use it to support favorite causes with a qualified charitable distribution (QCD). However, a number of rules govern QCDs, including age requirements and restrictions on the types of retirement accounts. A financial advisor can […] The post What Are the Qualified Charitable Distribution (QCD) Rules? appeared first on SmartReads by SmartAsset.
More than one-quarter of U.S. adults over age 50 say they expect to never retire and 70% are concerned about prices rising faster than their income, an AARP survey finds. About 1 in 4 have no retirement savings, according to research released Wednesday by the organization that shows how a graying America is worrying more and more about how to make ends meet even as economists and policymakers say the U.S. economy has all but achieved a soft landing after two years of record inflation. Everyday expenses and housing costs, including rent and mortgage payments, are the biggest reasons why people are unable to save for retirement.
Robert Kennedy Jr.'s odd positions on climate change should position him to hurt Trump more than Biden.